countervailing Definition
- 1offsetting or balancing the effect of something
- 2acting against something in order to reduce its force or neutralize its effect
Using countervailing: Examples
Take a moment to familiarize yourself with how "countervailing" can be used in various situations through the following examples!
Example
The countervailing forces of supply and demand determine the price of goods.
Example
The government imposed countervailing tariffs to protect domestic industries from foreign competition.
Example
The company implemented countervailing measures to address the negative impact of the pandemic on their business.
countervailing Synonyms and Antonyms
Synonyms for countervailing
Antonyms for countervailing
- reinforcing
- supportive
Phrases with countervailing
the ability of one group or entity to balance or offset the power of another group or entity
Example
The labor union's countervailing power helped to negotiate better working conditions for their members.
a tax imposed on imported goods to offset subsidies provided by the exporting country to its producers
Example
The US government imposed countervailing duties on Chinese steel imports to level the playing field for domestic steel producers.
an opposing argument that balances or negates the effect of another argument
Example
The lawyer presented a countervailing argument to refute the prosecution's case.
Origins of countervailing
from Middle French 'contrevaloir', meaning 'to be worth against'
Summary: countervailing in Brief
'Countervailing' [ˌkaʊntərˈveɪlɪŋ] refers to actions or forces that offset or balance the effect of something. It can be used to describe measures taken to address negative impacts, such as 'The company implemented countervailing measures to address the negative impact of the pandemic on their business.' 'Countervailing' also extends into phrases like 'countervailing power,' which denotes the ability to balance or offset the power of another group or entity.